Legislative Activity Two-Year Budget Agreement Approved Late last week, the House and Senate sent to the President a two-year bipartisan budget/debt ceiling agreement, The Bipartisan Budget Act of 2015 (House vote 266-167; Senate vote 64-35). In addition to suspending the debt limit through March 15, 2017, the proposal raises sequestration-level discretionary budget caps by $80 … Continue Reading
Legislative Activity Debt Ceiling Looms Over House Speaker Elections According to the Treasury Department, the debt ceiling will be reached on November 3, leaving the House only five more legislative days to increase it. Complicating the issue, the floor vote for a new House Speaker is scheduled for Thursday, October 29, with Rep. Paul Ryan … Continue Reading
Legislative Activity Budget Negotiations Continue Amidst Busy Congressional Calendar Budget negotiations between staff for Republican leadership, the White House, and Democrats are ongoing, but there have been few signs of progress. Democrats have recently announced they will not accept changes to entitlements as part of a budget deal to increase government spending, increasing the likelihood … Continue Reading
Legislative Activity Budget Negotiations Begin Recently, House Speaker John Boehner (R-OH) and Senate Majority Leader Mitch McConnell (R-KY) began discussions with President Barack Obama on a budget deal. The three of them participated in a conference call to lay the foundation for negotiations, and while Majority Leader McConnell reportedly pushed to keep Democratic Leadership in … Continue Reading
Legislative Activity House Likely to Move CR Soon, But Complications Remain With only eight legislative days scheduled in the House before government funding runs out on September 30, Speaker John Boehner (R-OH) is under a short timeline to push a Continuing Resolution (CR) through the House. Speaker Boehner could bring a CR to the floor … Continue Reading
Legislative Activity Appropriations Process All But Over, CR Likely The appropriations process is almost certainly over and when Congress returns from the August recess there will be just ten legislative days before federal funding runs out, hardly enough time to negotiate a budget deal or an omnibus spending bill. As anticipated, Congress will likely pass … Continue Reading